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Reasons to choose Hyperledger as open-source blockchain for business

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Our team of professionals has extensive experience providing high-quality Hyperledger development services.

SAN FRANCISCO - eTradeWire -- Using blockchain in business projects saves time and money usually spent on developing unification and automation-related solutions. Blockchain finds use in many different industries. By deconstruction of business processes of a company, you can identify dozens of potential uses for blockchain and implement it in software. Hyperledger is already widely implemented by large corporations in their products.

We use frameworks such as Hyperledger Burrow, Fabric, Iroha, Grid, Sawtooth and Indy, encompassing a wide range of business blockchain technologies, smart contract engines, graphical interfaces, and sample applications.

Here are only a few examples of what you can do with the technology:

– Data security. Using blockchain, you can create a document storage system that keeps track of all changes.

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– Self-tracking contracts. Using blockchain, you can develop a system that'll keep track of how contract obligations are being fulfilled, and close the deal, release the money and/or transfer ownership, only after certain conditions are met. This is how smart contracts work.

– Confirming decisions. Blockchain helps to create a system where those responsible for certain decisions can launch processes. Nothing will start until one of the participants signs off on it. It can also verify if everything's ready for a launch, and won't let anyone place a confirmation if there's something missing.

– One of the technologies for developing blockchain-based solutions is the IBM Hyperledger project.

Learn more about how you can use Hyperledger technology in your project.


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